All Motorship articles in Web Issue – Page 811
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News
Cancelled Namura bulkers snapped up
Industry sources say that four companies have purchased the five cancelled 32,000 DWT handysize bulker newbuildings which Cido Shipping had ordered from Namura Shipbuilding's Hakodate yard in Japan. NYK Bulkship is taking two and Shih Wei Navigation of Taiwan and two unidentified buyers respectively taking one. Hakodate is scheduled to ...
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Box fleet growth stalls as scrappings surge
The containership liner fleet growth has almost stalled during the past few weeks as ships are joining scrap yards in droves while newbuilding deliveries are ebbing according to Alphaliner. Over the month of July, the total container capacity deployed on liner services has increased by 7,000 teu only, according to ...
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FBMA Marine fighting to stay afloat
UK-operated shipbuilder FBMA Marine in Cebu, Philippines has "ceased operations", although it is still looking for new orders to stay in business. "We have stopped operations, but we have not closed down," Doug Border, president and chief operating officer of FBMA said.Border said the yard had no orders on hand ...
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SAL lifeline for Sietas
The German shipowner Schiffahrtskontor Altes Land (SAL) has placed an order for two heavylift vessels with Sietas Werft. This welcome boost to the Hamburg-based shipbuilder's order book adds to an earlier order for a double ended ferry and ensures work for the shipyard to the end of 2010. These latest ...
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Dawning of a new era for Canadian shipbuilders
Canada's shipbuilders have agreed to a radical change in the way contracts will be doled out by the federal government. The federal government plans to spend $40 billion over the next 30 years to build as many as 50 large ships, on top of the 70 ships under 1,000 tonnes ...
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Sungdong bags Suezmax pair
Sungdong Shipbuilding & Marine Engineering in South Korea has bagged a second order in less than a month, this time securing a pair of 158,000 DWT Suezmax tankers from an unspecified European owner for delivery in 2011 priced at $70 million apiece. Sungdong booked two identical vessels from Greek owner ...
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Hudong-Zhonghua poised for 6th LNG carrier
Shanghai-based Hudong-Zhonghua Shipbuilding is to secure a long awaited $200m order for its sixth 145,000m3 LNG carrier in the next few months. Negotiations are on-going between the shipyard and China National Offshore Oil Corp and China Merchants Energy Holdings and finalization of the contract would end months of speculation and ...
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FPI and Harris Pye collaborate
The Harris Pye Group and Future Pipe Industries B.V. (FPI), of The Netherlands, have signed a collaboration to work together supplying glass fibre reinforced epoxy pipe systems (GRE) to the marine, cruise, industrial and selected areas in the oil and gas sectors. Their collaboration has already seen orders secured.Both companies ...
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Daehan inks Capesize pair
The Korean shipbuilder Daehan has recently signed a letter of intent with a shipowner of Marshall Islands on to build two 180,000 DWT bulk carriers at a cost of $70 million each. A formal contract is to be signed soon and, if the order is confirmed, the yard's orderbook would ...
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Petronet to buy two LNG carriers
India's Petronet LNG is planning to invest $520m for a pair of LNG carriers as part of a $3 billion investment for the Indian LNG terminal owner's Kochi-area regasification facility.Petronet has forged a deal with ExxonMobil to supply the terminal with gas from the Gorgon LNG export project in Australia ...
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Shell awards floating LNG contracts to Technip and Samsung
Shell Gas & Power Developments BV (Shell) has signed a master agreement with a consortium comprising Technip and Samsung for the design, construction and installation of multiple floating liquefied natural gas (FLNG) facilities over a period of up to fifteen years. Shell and Technip-Samsung also signed a contract for execution ...
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Green ship of the future
The Green Ship of the Future, the Danish maritime initiative, has received the International Environmental Award from the Sustainable Shipping organisation for being the most environmentally friendly shipping initiative. Sustainable Shipping is a leading organisation dedicated to promoting sustainable use of the sea. Among the judges was Dr. Simon Walmsley ...
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NOAA plans new fisheries survey vessel
The National Oceanic and Atmospheric Administration (NOAA) in the USA has issued a Request for Proposals (RFP) for the construction of a new fisheries survey vessel, the fifth Oscar Dyson-class vessel designed for 40-day mission science deployments.The 'Oscar Dyson' was delivered by VT Halter Marine in May 2005 as the ...
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German yard inks crucial order
German shipbuilding group Hegemann has received a ?100m ($143m) order for an offshore vessel from a Bremen-based owner, for delivery in 2011 subject to financing.It is not yet clear which shipyard of the group will build the vessel. Hegemann operates three shipyards: Peene Werft in Wolgast, Volkswerft Stralsund in Rostock-Warnemünde ...
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Croatia gets new ferry
Croatia?s national ferry line, Jadrolinjia, has added the ?Biokovo? to its fleet. This newly built double-ended ferry was the eleventh ferry to have been received by the company in the past five years. Built by Brodosplit Shipyard for $14 million, the vessel can accommodate up to 1,300 passengers and 138 ...
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Propeller manufacturer ups capacity
Propeller manufacturer Stone Marine Singapore has invested in two new furnaces which will increase the melting capacity of the foundry in Singapore by over 50% in order to meet demand. The furnaces, which are currently being installed, have a capacity of 1,800kg each and, together with the firms existing furnaces, ...
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DSME to buy stake in Brazil yard
Daewoo Shipbuilding & Marine Engineering (DSME) is said to be in talks to buy as much as 20% in a Brazilian rival to seek orders from Petroleo Brasileiro (Petrobras).The local content clause is important to win Petrobras? projects and the deal with the unnamed Brazilian shipyard may be concluded by ...
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Sasaki bailout
Following the recent cancellation of the order for five-chemical tanker by the Eitzen Group, Hiroshima Bank is formulating a bailout plan for the troubled Japanese shipbuilder Sasaki Shipbuilding. A Japanese shipowner has said that it would purchase three of the five tankers and charter the vessels to Stolt-Nielsen. A spokesman ...
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Arctic support vessel for US yard
Edison Chouest Offshore has signed a $150m contract with Royal Dutch Shell to build an arctic support vessel. The US offshore vessel builder and owner also will operate the 110m vessel to support drilling rigs on Alaska's Outer Continental Shelf. Louisiana-based Chouest will build the ice-class unit at its LaShip ...
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Chinese shipowner has ambitious newbuilding plan
Chinese coal shipper Guangdong Lanyue Energy Development Co is looking to add 20 more bulkers to its newbuilding tally in the next five years. Last week the company had already ordered 10 Supramaxes through its shipping subsidiary, Lanhai. The 57,000-dwt vessels, which were ordered at Yangfan Group Co and Xiamen ...
